Target Date Funds Content

Washington, DC; August 27, 2025—A new report from the Investment Company Institute (ICI) and ISS Market Intelligence (MI) finds that most employees in large 403(b) plans subject to the Employee Retirement Income Security Act of 1974 (ERISA) receive employer contributions, giving them...

The Investment Company Institute submitted a response to the Securities and Exchange Board of India's initiative to review the 2017 “Categorization and Rationalization of Mutual Fund Schemes” framework. Read more in the comment letter.

Target date funds (TDFs) 1 have steadily become a mainstream option among retirement investors, 2 with some academics describing TDFs as “one of the most important financial innovations for the typical American retail investor” in recent decades. 3 These strategies, which are popular...